INGRAM MICRO INC (IM) Stock Technical Analysis
USA - NYSE:IM - US4571531049
Overall IM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IM is showing a nice and steady performance.
IM has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.03
We found 3 important support areas.
- A support zone ranging from 37.03 to 38.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.06 to 35.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.36 to 33.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 38.90 to 38.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IM is neutral. |
| ChartMill Relative Strength | 80.25 | POSITIVE | IM has a high relative strength, it outperformed 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.63 | NEUTRAL | The RSI value for IM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests IM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.15 | NEUTRAL | The Stochastics value for IM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for IM suggests low volalility. |
NYSE:IM (12/5/2016, 8:04:15 PM)
38.89
+0.01 (+0.03%)
INGRAM MICRO INC / IM FAQ
What is the technical rating for IM stock?
ChartMill assigns a technical rating of 9 / 10 to IM.
What is the current trend direction of INGRAM MICRO INC (IM) stock?
The current trend direction for INGRAM MICRO INC (IM) is Bullish.
Can you provide the RSI signal for INGRAM MICRO INC?
INGRAM MICRO INC (IM) has an RSI value of 67.6343. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INGRAM MICRO INC?
The MACD indicator for INGRAM MICRO INC (IM) has a value of -0.0682296, indicating a bearish trend.
Can you provide the short term momentum for INGRAM MICRO INC?
The short term momentum for INGRAM MICRO INC (IM) is neutral.